News

Saudi Arabia’s state owned oil company Saudi Aramco will buy 5 million tons of liquid natural gas per year(LNG) from the U.S. company Sempra Energy, based in San Diego under a 20 year agreement.The heads of agreement (HOA) between the companies anticipates the negotiation and finalization of a definitive 20-year liquefied natural gas (LNG) sale-and-purchase agreement (SPA) for five million

Danish gas ship owner Evergas announced that the worlds first Type-C 85,000m3 very large ethane carrier (VLEC) JS INEOS MARLIN was successfully delivered to INEOS Trading and Shipping.The vessel will carry ethane from US to China, said a press release from the company.The vessel has the largest Type-C tank ever made and Evergas has pushed the limit to 85000 CBM with a newly constructed Trilobe

Adm. Philip S. Davidson, commander of U.S. Indo-Pacific Command (USINDOPACOM), became the Navy’s newest “Old Salt” during an award presentation Oct. 22 at the Pentagon.The “Old Salt” award is given to the active duty officer who has held the Surface Warfare Officer (SWO) qualification for the longest amount of time."It is a tremendous honor to receive this award.

The Buckeye Terminal in the Arthur Kill Waterway near Port Reading, N.J. was reopened Thursday, following last week's diesel oil spill.The terminal has resumed full operations with the opening of the south dock Thursday afternoon, the U.S. Coast Guard said.The Unified Command that had been established in response to the September 6 spill is now stood down as the Coast Guard continues to work

The maritime industry has been challenged, to say the least. Today, where do you see challenge? Where do you see opportunity?It’s clear our business environment continues to change and we have a new definition of what normal means: nothing is normal. We are in era of rapid, disruptive and impactful change.

A Southampton-based maritime charity lowered its flag to half-mast today to commemorate the sinking of a hospital ship 100 years ago, which caused outrage across the nation when it was torpedoed in the English Channel, killing 123 people.His Majesty's Australian Transport (HMAT) Warilda was transporting hundreds of wounded soldiers from the French port of Le Havre to Southampton when

S&P Global adjusted their ranking on Panamanian infrastructure, including the Panama Canal Authority, from ‘stable’ to ‘positive.’ Two years after the inauguration of the Expanded Panama Canal, Standard & Poor's (S&P) Global Ratings revised its outlook on the Panama Canal from ‘stable’ to ‘positive’ – demonstrating the global impact of the historic waterway.

In 1990, Richie Bates (pictured) joined Bouchard Transportation as a mate on the Ellen S. Bouchard, and soon rose to Captain of the Morton S. Bouchard Jr. in 1994. As one of BTC’s long-standing employees, Capt. Bates currently serves as Captain of the M/V Donna J. Bouchard, and leads his crew with a laser focus on always delivering petroleum products safely and efficiently.

Liberty Global Logistics (LGL) announced today that Paul “Chip” Jaenichen, former U.S. Maritime Administrator, has joined the Company as its Executive Vice President – US Flag. In his new position, he will be responsible for the oversight of the day to day aspects of the Company’s business relating to U.S. flag, government relations, strategic business initiatives and US cargo opportunities.

McAllister Towing has taken delivery of Rosemary McAllister, the second in a series of four 100’ x 40’, 80 metric ton bollard pull tugboats. The new vessel, the 32nd tractor tug in McAllister’s fleet, was completed at Eastern Shipbuilding in Panama City, Fla.The Rosemary is powered by 3516E Tier IV Caterpillar engines with twin Schottel SRP4000FP units.

John “Jack” J. Gallagher, a maritime industry veteran and environmental services pioneer, passed away on Monday at the age of 89.Jack’s greatest professional passion was his work as a Spill Manager/Qualified Individual, a role in which he had few peers. Jack was known to be fiercely committed to doing everything morally possible to protect his clients

In September, more than 50,000 maritime industry visitors from some 120 countries will come to Hamburg for SMM, one of the world’s leading international trade fairs. Today, representatives from key parts of the maritime sector, from ship owners to shipbuilders, convened in Hamburg to sit on a panel to discuss some of the topics highest on the agendas of industry stakeholders and at the heart